Marine Electricals India Ltd Stock Price Today (NSE: MARINE)
Fundamental Score
Marine Electricals India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Marine Electricals India Ltd share price today is ₹151.70, down 4.93% on NSE/BSE as of 30 March 2026. Marine Electricals India Ltd (MARINE) is a Small-cap company in the Industrial Products sector with a market capitalisation of ₹3.21K (Cr). The 52-week high for MARINE share price is ₹258.00 and the 52-week low is ₹155.34. At a P/E ratio of 68.68x, MARINE is currently trading above its industry average P/E of 33.94x. The company has a Return on Equity (ROE) of 11.55% and a debt-to-equity ratio of 0.13.
Marine Electricals India Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Marine Electricals India Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Marine Electricals Share Price: A ROCE-Focused Analysis
The Industrial Products sector is currently witnessing a significant shift towards automation and energy-efficient solutions, creating both opportunities and challenges for companies within the space. This analysis focuses on Marine Electricals India Ltd, whose Marine Electricals share price currently stands at ₹188.139999. With a Price-to-Earnings (PE) ratio of 68.68, the stock appears richly valued compared to the broader market, suggesting high investor expectations. However, understanding the Return on Capital Employed (ROCE) is crucial for a deeper assessment.
Marine Electricals reports a ROCE of 16.06%. This metric indicates the company's efficiency in generating profits from its capital employed. While a positive ROCE is desirable, its impact on the company's long-term competitive advantage, or "moat," is dependent on both its consistency and its comparison to peers. A sustained ROCE above the cost of capital signals effective resource allocation and potential for future growth. However, it's important to note that ROCE can be influenced by accounting practices and one-off events.
Examining sector peers provides further context. For example, comparing Marine Electricals with
Pennar Industries Limited requires assessing not only financial metrics but also qualitative factors such as management quality and strategic vision. A company with a lower ROCE but superior management might be better positioned for future growth than one with a temporarily higher ROCE but weaker leadership. This underscores the importance of holistic due diligence.The 16.06% ROCE suggests that Marine Electricals is generating a reasonable return on its investments. This efficiency can contribute to the company's moat by allowing it to reinvest profits, innovate, and maintain competitive pricing. However, a truly robust moat requires consistent performance, strong brand reputation, and a differentiated product or service offering. Further analysis of the company's competitive landscape and growth strategy is crucial. This analysis forms part of an 80-parameter fundamental audit process verified by Sweta Mishra.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Marine Electricals India Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MARINE across key market metrics for learning purposes.
Positive Indicators
10 factors identified
Excellent ROCE Performance (16.06%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Robust Profit Growth (29.64%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (20.72%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (23.88% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (42.54% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (45.91% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.13)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (5.55x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (68.46%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
2 factors identified
Premium Valuation Risk (P/E: 68.68x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Limited Institutional Interest (FII+DII: 0.30%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
Marine Electricals India Ltd Financial Statements
Comprehensive financial data for Marine Electricals India Ltd including income statement, balance sheet and cash flow
About MARINE (Marine Electricals India Ltd)
Marine Electricals India Ltd is a dynamic and forward-thinking enterprise at the forefront of electrical and automation solutions for marine and industrial sectors. Operating with ...a commitment to quality and innovation, MARINE delivers robust and reliable systems designed to withstand the demanding environments of maritime operations and heavy industries. From specialized electrical panels to comprehensive automation suites, their products reflect advanced engineering and meticulous craftsmanship. The company serves as a trusted partner for clients seeking enhanced efficiency, safety, and control within their operations. MARINE's core business encompasses the design, engineering, manufacturing, and supply of a diverse array of electrical and electronic products. The company focuses on power distribution and control systems, automation solutions, and specialized equipment for navigation and communication. These offerings cater to a broad spectrum of vessels, from commercial ships to naval vessels, and various industrial applications. MARINE's dedication to research and development ensures its products remain at the cutting edge, incorporating the latest technological advancements and adhering to stringent international standards. MARINE distinguishes itself through its customer-centric approach, providing tailored solutions to meet specific needs. Their skilled team collaborates closely with clients to understand their unique operational requirements, delivering bespoke designs and integrated systems that optimize performance and reduce operational costs. With a strong emphasis on after-sales support and maintenance, MARINE fosters long-term relationships with its clients, ensuring the continued reliability and efficiency of their installed products. The company's global presence enables it to effectively serve customers worldwide, further solidifying its position as a leader in the marine and industrial electrical domain.
Company Details
Key Leadership
Corporate Events
MARINE Share Price: Frequently Asked Questions
What is the current share price of Marine Electricals India Ltd (MARINE)?
As of 30 Mar 2026, 12:06 pm IST, Marine Electricals India Ltd share price is ₹151.70. The MARINE stock has a market capitalisation of ₹3.21K (Cr) on NSE/BSE.
Is MARINE share price Overvalued or Undervalued?
MARINE share price is currently trading at a P/E ratio of 68.68x, compared to the industry average of 33.94x. Based on this relative valuation, the Marine Electricals India Ltd stock appears to be Overvalued against its sector peers.
What is the 52-week high and low of MARINE share price?
The 52-week high of MARINE share price is ₹258.00 and the 52-week low is ₹155.34. These values are updated daily from NSE/BSE price data.
What factors affect the Marine Electricals India Ltd share price?
Key factors influencing MARINE share price include quarterly earnings growth (Sales Growth: 20.72%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Marine Electricals India Ltd a good stock for long-term investment?
Marine Electricals India Ltd shows a 5-year Profit Growth of 45.91% and an ROE of 11.55%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.13 before investing in MARINE shares.
How does Marine Electricals India Ltd compare with its industry peers?
Marine Electricals India Ltd competes with major peers in the Industrial Products. Investors should compare MARINE share price P/E of 68.68x and ROE of 11.55% against the industry averages to determine competitive standing.
What is the P/E ratio of MARINE and what does it mean?
MARINE share price has a P/E ratio of 68.68x compared to the industry average of 33.94x. Investors pay ₹69 for every ₹1 of annual earnings.
How is MARINE performing according to Bull Run's analysis?
MARINE has a Bull Run fundamental score of 66.1/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does MARINE belong to?
MARINE operates in the Industrial Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Marine Electricals India Ltd share price.
What is Return on Equity (ROE) and why is it important for MARINE?
MARINE has an ROE of 11.55%, which shows decent profitability but room for improvement. ROE measures how efficiently Marine Electricals India Ltd generates profits from shareholders capital.
How is MARINE debt-to-equity ratio and what does it indicate?
MARINE has a debt-to-equity ratio of 0.13, which indicates conservative financing with low financial risk.
What is MARINE dividend yield and is it a good dividend stock?
MARINE offers a dividend yield of 0.13%, meaning you receive ₹0.13 annual dividend for every ₹100 invested in Marine Electricals India Ltd shares.
How has MARINE share price grown over the past 5 years?
MARINE has achieved 5-year growth rates of: Sales Growth 23.88%, Profit Growth 45.91%, and EPS Growth 42.54%.
What is the promoter holding in MARINE and why does it matter?
Promoters hold 68.46% of MARINE shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Marine Electricals India Ltd.
What is MARINE market capitalisation category?
MARINE has a market capitalisation of ₹3205 crores, placing it in the Small-cap category.
How volatile is MARINE stock?
MARINE has a beta of N/A. A beta > 1 suggests the Marine Electricals India Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is MARINE operating profit margin trend?
MARINE has a 5-year average Operating Profit Margin (OPM) of 8.88%, indicating the company's operational efficiency.
How is MARINE quarterly performance?
Recent quarterly performance shows Marine Electricals India Ltd YoY Sales Growth of 20.72% and YoY Profit Growth of 29.64%.
What is the institutional holding pattern in MARINE?
MARINE has FII holding of 0.18% and DII holding of 0.12%. Significant institutional holding often suggests professional confidence in the Marine Electricals India Ltd stock.